- XRP Completes A Wave, Eyes Rebound: Ripple (XRP) has finished its initial downward move, hitting key targets as predicted by Dark Defender. The next focus is on $2.55, a crucial resistance level that could set the stage for a potential rally.
- Path to $3.33 – B and C Waves in Play: If XRP can hold above the key support zones at $2.3502 and $2.2222, it could build momentum toward the $3.33 target. However, $2.58 remains the immediate resistance that must be cleared first.
- Market Sentiment Remains Cautious: Analysts remain cautiously optimistic, with attention on the B and C waves as pivotal for determining XRP’s next major move. A confirmed breakout above $2.58 could pave the way for higher targets, but failure to hold support could stall the rally.
Ripple (XRP) just wrapped up its initial downward move, hitting the target areas that Dark Defender predicted. On the 4-hour chart, the A wave is complete, and now the focus shifts to the potential rebound. The next key level? $2.55 – a spot that’s drawing a lot of attention as the next big resistance.
XRP Aiming for $3.33?
Dark Defender’s take? XRP might be gearing up for a substantial push higher. Now that the A wave is done, the B and C waves could be on deck, potentially propelling the token up to the $3.33 mark. That’s the big target – but it won’t be easy. $3.33 is expected to be a serious resistance point, and how the token handles the next few moves will be critical.
Support Levels to Watch
Right now, the key support zones to keep an eye on are $2.3502 and $2.2222. If XRP can hold above these levels, the bullish momentum has a decent shot at continuing. But a slip below? That could spell trouble.
Resistance Ahead – $2.58 in Focus
Before any serious rally can take shape, XRP needs to get past $2.58. That’s the immediate resistance that could cap near-term gains. A solid breakout above this level would confirm that the bulls are still in control and could open the door to $3.33.
What’s Next?
Market sentiment around XRP is looking cautiously optimistic. The next few days will be all about those B and C waves – and whether the token can maintain support and break resistance. If it can pull it off, the path to $3.33 could be in play. But as always, with crypto, expect some bumps along the way.